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AWS Backs HSUHK’s Efforts to Build Hong Kong’s Cloud Innovation School
Amazon Web Services (AWS) will support the Hang Seng University of Hong Kong (HSUHK) in its efforts to establish a Cloud Innovation School (CIS). Touted to be the first of its kind in Hong Kong, the CIS aims to foster
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HKEX Appoints Andrew Loong to Spearhead Its Digital Assets Ecosystem
The Hong Kong Exchanges and Clearing Limited (HKEX) announced that Andrew Loong has joined the group as Managing Director and Head of Digital Assets. In his new role, Loong will oversee the development of the digital assets ecosystem in HKEX’s
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HSBC Appoints Brad Jones to Spearhead Its E-Wallet PayMe
HSBC announced the appointment of Brad Jones as the new Head of PayMe, its mobile wallet in Hong Kong with 3 million users and a network of nearly 55,000 online and physical merchants. In his new role, Jones will be
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Hyphen Group in Merger Talks With SPAC Backed by Peter Thiel
Hyphen Group, a Hong Kong-based fintech firm, is said to be in merger talks with Bridgetown Holdings, a U.S.-listed special purpose acquisition company (SPAC) jointly owned by PCCW and backed by billionaires Peter Thiel and Richard Li. In November 2022,
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Are We Seeing the End of the “Growth at All Cost” Era?
2022 was a trying year for the global fintech industry, which faced several macroeconomic challenges, including rising inflation, skyrocketing costs of living and a looming global recession. Venture capital (VC) funding plummeted 46% last year compared with 2021 as investors
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Deconstructing the Evolution of the Fintech Sector in Asia
Since the term ‘fintech’ was first coined in the early 2010s, the financial technology sector and the ecosystem around it has undergone a massive evolution. A fluctuating economic climate has seen some startups go public, while others have gone under
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Manulife Hong Kong Strengthens C-Suite Bench With Two Appointments
Manulife Hong Kong announced the appointments of Thaddeus Yu as Chief Strategy Officer and Alice Li as Chief Communications Officer, for its Hong Kong and Macau operations. Yu, as Chief Strategy Officer, succeeds Carrie Tong, who was recently appointed as
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Top 5 Tech Trends in Asia in 2023
In Asia, increased digitalization across industries is fueling the growth of the venture capital (VC) landscape. In 2022, though the region was not immune to the global tech funding pullback, the tech sector remained a dominant theme for private capital
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Visa Promotes Paulina Leong as GM for Hong Kong and Macau
Visa announced the appointment of payments veteran Paulina Leong as its General Manager for Hong Kong and Macau, effective immediately. In her new role, Paulina will be responsible for leading Visa’s business growth and operations for these markets. Paulina has
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Rakuten Bank All Set for Japan IPO in April
Japan’s Rakuten Bank will be listed on the Tokyo Stock Exchange on 21 April which will place its value at approximately 305 billion yen (US$2.31 billion), according to a Reuters report. Rakuten is looking to is looking to sell off
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